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____ Friday December 11, 2015 ____

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Germs

Raymond Wang: How germs travel on planes — and how we can stop them

Raymond Wang is only 17 years old, but he's already helping to build a healthier future. Using fluid dynamics, he created computational simulations of how air moves on airplanes, and what he found is disturbing — when a person sneezes on a plane, the airflow actually helps to spread pathogens to other passengers. Wang shares an unforgettable animation of how a sneeze travels inside a plane cabin as well as his prize-winning solution: a small, fin-shaped device that increases fresh airflow in airplanes and redirects pathogen-laden air out of circulation. Raymond Wang won the top prize in the 2015 Intel Science and Engineering Fair for his invention that circulates fresh air on planes and reduces transmission of germs between passengers.

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Housing

New Housing Price Index for October 2015

Notable increases were observed in Hamilton (+3.6%), Winnipeg (+1.6%), Vancouver (+1.6%), Kitchener–Cambridge–Waterloo (+1.2%) and London (+1.1%)

Ottawa - The New Housing Price Index (NHPI) rose 0.3% in October, following a 0.1% increase in September. The gain was largely attributable to higher new home prices in Ontario. The combined region of Toronto and Oshawa (+0.5%) was the top contributor to the increase, recording the largest monthly price advance among the census metropolitan areas (CMAs) covered by the survey. Market conditions and the higher cost of land were reported by some builders as the reasons for the increase.

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Chart of the Week

The legendary 10 bagger

Kitchener - Everyone wants a 10 bagger in their lifetime - to see a stock we own go up 10 times over. To turn $10,000 into a $100,000 and forever be able to crow about it. The problem is very few of us have the stomach for it. Look at the chart below from Michael Batnick of the Irrelevant Investor blog of the 10 best stocks in the S&P 500 in the past 10 years. Their returns have been spectacular.

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Gift Video

Conestoga President provides leadership gift to support new college library

Kitchener - Conestoga President John Tibbits provided a leadership gift to support the technology and resource needs of the college’s Library Resource Centre. The gift was announced at the grand opening of the newly renovated library at the college’s Doon campus on Thursday, December 10.

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xQuarterly

Sandvine provides fourth quarter revenue estimate

Waterloo - Sandvine announced yesterday that it expects revenue for its fourth quarter to be approximately $35 million, representing record quarterly revenue. Order intake was at a record high in the fourth quarter, resulting in a positive book-to-bill ratio. All estimates are in U.S. dollars under International Financial Reporting Standards (IFRS).

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Learn & Stay - Education

Study: International students who become permanent residents in Canada, 1990 to 2013

Ottawa - Of the international students who came to Canada to study during the 1990s and early 2000s, 20% to 27% obtained permanent resident status in the 10 years after receiving their first study permit. This finding is included in a new article released, titled "International students who become permanent residents in Canada."

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Perks - infographic

Majority of CFOs Willing to Negotiate on Perks

Workers and CFOs Differ on Most Valued Non-Monetary Incentives

Toronto - When thinking about workplace perks, would employees rather hit the gym or take a day off? It depends on whom you ask. Chief financial officers (CFOs) interviewed for a Robert Half survey said health and wellness benefits are what current and potential employees prize most, but workers cited additional vacation days as their most coveted perk.

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Energy

Energy supply and demand, 2014

Ottawa - Primary energy production in Canada rose 4.2% in 2014 to 18,748 petajoules. This followed a 3.8% increase in 2013. One petajoule roughly equals the amount of energy required to operate the Montréal subway system for one year.

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Budget

Ontario Passes Budget Measures Act

Province Continuing to Support Business and Build Ontario Up

Queens Park - Yesterday, the Ontario government passed the Budget Measures Act, 2015, enacting a number of new statutes and amending several others. These measures further the economic plan set out in the 2015 Budget and demonstrate the government’s commitment to creating a dynamic and innovative business environment.

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Labour Law Changes

Ontario Passes Legislation for Injured Workers, Broader Public Sector and Firefighters

Province Strengthening Employee Rights

Queens Park - The Ontario passed legislation that amends three separate acts affecting workers – helping to further ensure the rights of employees across the province are protected. The Employment and Labour Statute Law Amendment Act, 2015, will amend the Workplace Safety and Insurance Act, the Fire Prevention and Protection Act and the Public Sector Labour Relations Transition Act to:

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Study

Controversial prostate cancer screening can be improved by repeating abnormal tests

Ottawa study shows repeating an abnormal PSA test reduces unnecessary biopsies by 55 percent

Ottawa – For more than 20 years, the prostate-specific antigen (PSA) test has been used to help screen for prostate cancer, but in recent years, some task forces have called for this blood test to be abandoned because it leads to many unnecessary biopsies. Now, a new study from The Ottawa Hospital and the University of Ottawa shows that simply repeating abnormal PSA tests dramatically reduces unnecessary biopsies.

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Leading Causes

Deaths and causes of death, 2012

Ottawa - The total number of deaths reached 246,596 in 2012, representing the highest annual total since the introduction of the Vital Statistics registration system in the 1920s. The number of deaths in 2012 was also the highest ever recorded in Ontario, Quebec, Alberta, British Columbia and Yukon.

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Production Capacity

Industrial capacity utilization rates, third quarter 2015

Ottawa - Canadian industries increased their production capacity by 0.6 percentage points in the third quarter to 82.0%, following two consecutive quarterly declines. The increase was largely attributable to the mining, quarrying, and oil and gas extraction and manufacturing industries.

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Health Care

Patients Canada applauds the appointment of Christine Elliott as Ontario's first Patient Ombudsman

Toronto - Yesterday Ontario's Ministry of Health and Long-Term Care (MOHLTC) announced the appointment of Christine Elliott as Ontario's first Patient Ombudsman.

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Statement

Federally-funded "plum" will drive private businesses out of the market, says the Canadian Council of Independent Laboratories

Canadian Council of Independent Laboratories asks Minister responsible for FedDev Ontario to investigate

Toronto - With $8.1 million in federal funding, Fanshawe College of London, Ontario, is building a new product testing facility that will compete directly with existing private-sector laboratories.

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Shares

Libro Credit Union Receives Overwhelming Response to Prosperity Shares Offering

London – Libro Credit Union announced it received an incredible response to its recent Libro Prosperity Shares offering, which will further support the credit union’s growth and help Libro carry out its vision of growing prosperity in southwestern Ontario by transforming banking. Libro planned a limited issue of up to $75 million in Libro Prosperity Shares. Once becoming available, the shares sold out in just two weeks.

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First Nations Workers

MLI Senior Fellow lays out next steps for integrating Aboriginal Canadians into the natural resource sector workforce

Macdonald-Laurier Institute Senior Fellow Ken Coates finds in a new paper

Ottawa – Natural resource companies have made great progress in employing thousands of Aboriginal Canadians across the country The change just isn’t happening as fast as is needed for First Nations workers. "The simple reality is that for many Aboriginal communities, resource development is the only significant hope for Indigenous employment", he writes.

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Ribbon Cutting

Shalom Counselling Services celebrates the completion of “A Growing Home for Shalom”

Waterloo - Shalom celebrated the successful completion of the “A Growing Home for Shalom” expansion project at an open house and ribbon-cutting on Thursday, December 10, 2015. The “Growing Home for Shalom” expansion project has provided additional space for Shalom’s work of affordable and accessible counselling for people from all walks of life.

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Christmas Spending

Ninety per cent of Canadians won't be spending more this holiday season

Survey finds most will spend the same or less than last year

Toronto - Nine in 10 Canadians will spend the same or less on the holidays than they did one year ago, according to the 2015 Sun Life Financial Annual Check-Up, released today. Almost four in 10 (37 per cent) plan to spend less and just one per cent said their spending will be substantially higher this year.

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Novel Laureate

Science Minister Congratulates Canadian Nobel Laureate Dr. Art McDonald

Ottawa - Yesterday, Kirsty Duncan, Minister of Science said "On behalf of the Government of Canada, I would like to extend my warmest congratulations to Dr. Art McDonald on winning the 2015 Nobel Prize in Physics. The award, which he shares with his colleague Takaaki Kajita of Japan, represents global recognition for their groundbreaking scientific experiments to demonstrate that neutrinos have mass. In so doing, they have advanced our very understanding of the universe.

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Fiundrasising - Infographic

United Way Cambridge Nears Fundrasing Goal

Cambridge - United Way Cambridge and North Dumfries kicked off our annual fundraising campaign on September 16th, 2015 with a goal of raising $2,325,000 to help 51,000 people in our community. Within less than 3 months, they’ve already received nearly $1.3m in donations and project that we’ll raise another $845,000 within the next several weeks, bringing us within 9% (or $200,000) of our goal.

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